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    HomeNewsBusinessStocksInfosys falls on profit-taking; down nearly 2 percent

    Infosys falls on profit-taking; down nearly 2 percent

    Credit Suisse says Infosys' April-June results were good but consistency in revenue growth is required before investors turn constructive on the stock, and maintains its "neutral" rating on the stock

    July 15, 2013 / 14:15 IST

    Shares in Infosysfall 2.1 percent on profit-taking after India's No.2 software exporter rose 10.9 percent on Friday, the most in six months. The company had beat some analysts' expectations by retaining its revenue growth forecast.

    Also Read: Infosys may touch Rs 3000-3100: Rajat Rajgarhia

    Credit Suisse says Infosys' April-June results were good but consistency in revenue growth is required before investors turn constructive on the stock, and maintains its "neutral" rating on the stock.

    Tata Consultancy Servicesis up 0.3 percent, while HCL Technologiesis 0.26 percent higher.

    first published: Jul 15, 2013 01:00 pm

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